Pregnancy Resource Center Tax Credits Can Mean Big Tax Savings For You!
Pregnancy Resource Center Tax Credits Can Mean Big Tax Savings For You!
Every gift, no matter its size, makes a difference and allows us to continue to provide the quality services that characterize The Doula Foundation. Your gift will contribute to the success of the women, men and babies served by The Doula Foundation today and in the years to come. For all charitable contributions, donors are eligible to take a federal deduction and Missouri tax deduction. For gifts of $100 or more, The Doula Foundation is also able to offer our donors an additional 50% state tax credit through the Pregnancy Resource Center Tax Credit Program! Below are a few *examples that show how the tax credits works:
| Contribution | $250 | $500 | $1,000 |
| Federal Tax Deduction | $70 | $140 | $280 |
| Missouri Tax Deduction | $15 | $30 | $60 |
| 50% PRC Tax Credit | $125 | $250 | $500 |
| Total Tax Savings | $210 | $420 | $840 |
| Net Out of Pocket | $40! | $80! | $160! |
*Example assumptions based on Federal 28% and State 6% tax brackets. The above examples are general in nature and you should consult with your tax advisor for your individual tax savings.
